Thanks to a report from our friends at Curbed LA, we’ve learned that Daniel Libeskind’s proposed tower for Downtown LA may be dead in the water. Apparently its 1.32 acre site, 1340 South Figueroa, showed up on commercial sale site Loopnet in late May with a sale price of $17 million. According to Curbed the listing mentions the designs for the Libeskind tower (an angular design that includes 273 residences on 35 floors), but also that “the possibilities for this site are unlimited.” That’s not a good sign, despite the fact that the project received city approval two years ago. Let’s wait and see if yet another high profile proposed building in LA is about to go under… (KPF’s Park Fifth in Downtown LA, Jean Nouvel’s Green Blade in Century City, Etc, Etc)